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quarter report will only affect genm short term. the news after election and 20th century fox is worse than quarter reports. so quarter report can’t do much damage to GENM in long term
No worry as Genting Malaysia is Malaysia main tax contributor. If Genm performance is not good then Malaysia income will be greatly affected. Share price down is due to short term minority players buy at lower price and sell at higher price. If you keep the principle from Buffet Warren, you will earn maximum from rm3 to rm5 and even more. The average dividend is about 5% to 6% per annum which is better than FD and EPF rate. Please be passion and your wealth will be double when times come. It might go up to rm4 tomorrow, who knows if rich players are interested with Genm. So we have to buy in before big players come in. One thing can be determined is GENM share price will not be lower than rm3, otherwise all the big investment companies will sapu habis all the share price which is undervalued. Cheers and Huat aaaa.....
